🗃️Alias database

Alias Database

The Alias Database is a database formed by the banks participating in the DCM platform to enable convenient and fast customer searches for instant P2P payments.

🔑 Alias – an alternative identifier used instead of sensitive financial data (e.g., card number or individual tax number) for secure and convenient transactions.

Within the DCM platform, the alias is primarily a phone number, but it can also be an email address or a unique user identifier in the network, among other options.

What does the Alias Database consist of?

• Client’s phone number (alias)

• Client’s IBAN account number linked to the alias

• Name of the bank where the IBAN account is maintained

• Status of the IBAN account’s linkage to the alias ("linked/unlinked")

• History (log) of changes to the alias

Key Principles of the Alias Database Functioning:

• A specific alias can correspond to only one IBAN account number at any given time.

• There are no restrictions on the number of IBAN account changes associated with an alias.

• Any action related to an alias is performed only upon request from a participating bank and must be initiated (confirmed) directly by the owner of the phone number and IBAN account.

• The IBAN account number most recently added to the alias database (in chronological order) is always considered the linked account.